- 1,217
- 1,097
And $MOOdd factoid. One stock that has held up like a beast through the January bloodbath has been PM. Only down like 3% from its 52-high. Solid boomer stock.
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And $MOOdd factoid. One stock that has held up like a beast through the January bloodbath has been PM. Only down like 3% from its 52-high. Solid boomer stock.
MO has been ready for 15+ years.Everyone loves their weed stocks (TLRY, etc). However, I honestly think whenever we get legalization they will be the small frys and possibly bought out. If ANYONE has the scale and logistics to pivot on a worldwide scale, it is the tobacco industry. You've got to be kidding yourself if you don't think they've got their playbook at the ready waiting on Federal legalization law.
Oh i do personally and wont own it. I have it in my Mom's IRA. I don't let my feelings impact the investments in her portfolio. I would own it personally if I didnt have the industry.Thought you hated cigarette stocks?
Its why I have PM but not MO in my mom's holdings. US smoking regulations scare me. The other 150 countries not so much.Ha at Christmas I was pitching BTI to my family as a solid value play and they looked at me like I was insane.
low pe, massive yield, brand loyalty, pricing power and smoking rates grew last year. Downside are obvious
On sale baby.Damn, AMD dipped under $100 this morning. Hit a high of $164 last year.
It hit $130 last time it dipped under $100 in short order.On sale baby.
It hit $130 last time it dipped under $100 in short order.
How does a judge invalidate all leases?Oil and gas servcie stocks (eneergy) dropping like a rock and price of oil climbing after a federal judge invalidated all gulf of Mexico leases, that's a large chunk of the budget in LA and TX. Didn't account for enough damage to the nvironment.
$423 mil net loss + declining user baseHOOD with a +25% reversal. Wow
So I noticed this on Fidelity. They confirm revenue at $85m as of 9/21.You do know that's 2020 revenue?
It's trading around 8-10x next year revenues.